Monday, November 18, 2013

When The Diva Is Away, The Market Makers Come Out To Play...

On a day like today, where even the Bitcoin hit $750 and is up 107% in a week according to CNBC, one really, really has to wonda when it's all gonna be ovah... Although even Dear Carl Icahn is commenting on Twitter that the market might see a very big drop, I'm done trying to catch the top. There's no point in a diva like me expressing a point of view when one word from the Big Guys is worth more than a thousand words of mine. When the glove don't fit, they still don't acquit.Every time I have a put, the underlying moves in my direction one day after expiration. Until I can figure out why this happens and how I can capitalise on it, I'm out... Case in point: I had TSLA $125s and $100s and right after options expiry, TSLA dropped over $16 at one point today, closing off about $13.87 or -10.24%.Why this week and not last week? Why, Mike? Why?If Carl Icahn has his way, then my SPYs might finally go into the money...-20.16% SBA-1.49% Roth IRA+0.09% DJIA-0.93% Nasdaq-0.37% S&P +0.45% FTSE+0.49% Eurofirst-0.01% Nikkei+2.87% Shanghai+2.21% SENSEX+2.73% Hang Seng0.78 Put / Call Ratio-0.34% DJT+7.47% VIX0.138 Treasurys | DTCC GCF Repo Index0.139 MBS | DTCC GCF Repo Index-2.22% 5-Year US Treasury Notes-1.14% 10-Year US Treasury Notes38% Advancing Issues on NYSE | 32% Up Volume59% Declining Issues on NYSE | 62% Down Volume3% Unchanged | 6% Unchanged35% Advancing Issues on Nasdaq | 24% Up Volume62% Declining Issues on Nasdaq | 74% Down Volume3% Unchanged | 2% UnchangedToday's Major HeadlinesJPM To Shoulder WaMu BillBoeing & Airbus Bullish On Global DemandFrontrunning In the Forex